The Telangana government is offering a Crop Loan Waiver Scheme to help farmers struggling with loan repayments. The waiver aims to improve the financial condition of farmers by relieving them of short-term crop loan burdens. Chief Minister A Revanth Reddy has announced that the government will waive loans up to Rs. 2 lakh per farmer in a single transaction.
The second phase of the scheme will roll out on July 30, 2024, and the government aims to waive all eligible loans by August 15, 2024. Farmers can now easily check the status of their loan waiver either online through official portals or offline by visiting their bank. This scheme is a significant step towards improving the livelihood of farmers, ensuring they receive the financial relief they deserve.
The government has also issued detailed guidelines to ensure only eligible loans get waived. Keep reading this article to know how to check Telangana Crop Loan Waiver Status, eligibility criteria, required documents, and benefits of the scheme.
Telangana Crop Loan Waiver Status
The Telangana Crop Loan Waiver Scheme is part of the government’s effort to strengthen the agricultural sector by waiving crop loans borrowed between December 12, 2018, and December 9, 2023. The loan waiver will only apply to short-term agricultural loans and is limited to Rs. 2 lakh per family. With over 11 lakh farmers already benefitting from the scheme, this initiative aims to cover even more farmers in the second phase.
The scheme will be implemented through the Department of Agriculture, and farmers can use the official CLW Telangana portal to verify their loan waiver status. Those without internet access can also check their status by visiting their respective banks.
Telangana Crop Loan Waiver 2nd Phase Start Date
The second phase of the Telangana Crop Loan Waiver Scheme will begin on July 30, 2024, and is expected to cover all remaining eligible farmers by August 15, 2024. This phase will waive loans up to Rs. 1.5 lakh per farmer’s family. The goal of the second phase is to ensure that no farmer in Telangana is left out and all short-term agricultural loans are cleared.
The cabinet panel, chaired by Deputy Chief Minister Bhatti Vikramarka, will closely monitor the scheme’s implementation to ensure that all eligible beneficiaries receive the waiver without delay.
New Guidelines for Telangana Crop Loan Waiver 2024
The Telangana government has released GO Rt. No 567 to guide the implementation of the crop loan waiver. Below are the main points covered in the new guidelines:
| Parameter | Details |
|---|---|
| Loan Waiver Limit | Rs. 2 lakhs per family |
| Loan Eligibility Period | December 12, 2018, to December 9, 2023 |
| Eligible Loans | Short-term agricultural loans |
| Excluded Loans | Loans from cooperative, rural, and scheduled commercial banks |
| Database for Eligibility | Civil Supplies Department’s food security card database |
The food security card database will be used to identify eligible farmers. Loans from specific cooperative or rural banks are excluded from this waiver.
How to Check Telangana Crop Loan Waiver Status Online
The Telangana government has made it easy for farmers to check the loan waiver status online. Below are the steps to check your status on the official portals.
1. Using the Telangana Crop Loan Waiver Portal (clw.telangana.gov.in):
- Visit the official Telangana CLW portal: clw.telangana.gov.in.
- On the homepage, click on the ‘Payment Status’ option.
- Enter your loan details and send OTP to your registered mobile number.
- After entering the OTP, click Submit to see your waiver status.
2. Using the PFMS Portal (pfms.nic.in):
- Visit the PFMS official website: pfms.nic.in.
- On the homepage, click on the ‘Payment Status’ option.
- Provide the required bank details and submit.
- The loan waiver status will be displayed on the screen.
Offline Process to Check Telangana Crop Loan Waiver Status
Farmers who cannot access the internet can check their status through offline methods:
- Visit the bank branch where you applied for the loan.
- Request a passbook entry from the bank officials.
- Check if the waiver amount has been credited to your loan account.
Eligibility Criteria for Telangana Crop Loan Waiver 2024
Below are the eligibility requirements for the Telangana crop loan waiver:
- The farmer must be a permanent resident of Telangana.
- Farming should be the primary occupation of the applicant.
- Loans must have been taken between December 12, 2018, and December 9, 2023.
- Short-term agricultural loans only are eligible for the waiver.
Documents Required for Telangana Crop Loan Waiver
Farmers must provide the following documents to check their loan waiver status:
- Passport-size photo
- Aadhar Card
- Identity Card
- Residence Certificate
- Bank Passbook and Loan Certificate
- Loan Account Number
- Mobile number and Email ID
Key Benefits of the Telangana Crop Loan Waiver Scheme
- One-time waiver of agricultural loans up to Rs. 2 lakh per family.
- Farmers can check their loan status easily through online portals.
- Second phase implementation will ensure benefits to even more farmers by August 15, 2024.
- The scheme will help uplift the financial condition of farmers by reducing their debt burden.
Telangana Crop Loan Waiver Status Dashboard
Here is the information you can view under the loan waiver status dashboard:
- Applicant’s Name
- Bank Account and Loan Details
- Loan Status
- Bank Name and Branch Details
- Pending at (if applicable)
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Frequently Asked Questions (FAQs)
1. Who launched the Telangana Crop Loan Waiver Scheme?
The Congress government led by Chief Minister A Revanth Reddy initiated the scheme to waive loans up to Rs. 2 lakh per farmer.
2. What is the loan waiver limit?
The waiver is restricted to Rs. 2 lakh for each farmer’s family.
3. How can I check my loan waiver status?
You can check your status online through the official CLW Telangana portal or the PFMS website. Alternatively, you can visit your bank branch to check your loan status.
